A college education is one of the most important long-term investments in your future possible. Loans of various types are avaliable to help you fund the education and accomplish you goals. As loans, however, does need to be repais, very carefull planning is essential in ensuring a healthy economy for years to come. Many educational loans can have favorable terms of interest, such as the federal sunsidized loans. For these the Federal Government covers the accrues ineterst while youa re in school. Federal Unsubsidized loans do accrue interest, but are often much less than other consumer loans, such as car loans, credit cards etc.
It is possible to obtain a short-term loan, to cover a temporary need of up to $600. These loans are based on the academic term and do have to be repaid with in the term in which they have been obtained and have a prosessing fee of $5. Applications are avaliable at the Office of Scholarships & Financial Aid and as long as funds are avaliable.